Chairman DiBella joins the U.S. delegation to the IMO Federal Maritime Commission (FMC) Chairman Laura DiBella joined the U.S. delegation to the International Maritime Organization (IMO) this week for the 84th session of the Marine Environment Protection Committee in London. As
C&C Marine tops 700 barges blasted at robotic facility C&C Marine and Repair, a full-service shipyard on the Gulf Intracoastal Waterway in Belle Chasse, La., said it has blasted more than 700 barges at its robotic blast and paint facility, marking
Ulsan Port claims an ammonia bunkering world first South Korea's Ulsan Port Authority (UPA) reports that on April 23 it successful completed the world's first ammonia bunkering operation for an ammonia dual-fuel gas carrier at Ulsan Port on April 23,
Maryland Port Administration promotes two in business development The Maryland Port Administration (MPA) has promoted Nick Porter as director and Jeff Gutowski as deputy director of its Business Development department, which connects opportunities and develops successful logistical solutions for its
Everllence main engines will power new BC Ferries NMV double enders The four New Major Vessel (NMV) double-ended ferries on order for BC Ferries at China Merchants Industry Weihai Shipyard Co. Ltd. will each be powered by two 6L32/44CR and two 8L32/44CR Everllence
Aamir Paul named new Regal Rexnord CEO Milwaukee, Wis.-headquartered Regal Rexnord Corporation (NYSE: RRX) reports that its Board of Directors has appointed Aamir Paul to serve as CEO, commencing no later than July 1, 2026, on the conclusion of
AOMC deploys Anuanua Moana on quest for deep sea minerals Tampa, Fla.-based deep sea critical minerals specialist American Ocean Minerals Corporation (AOMC) reports that is deploying the research vessel M/V Anuanua Moana on the next phase of scientific research activities across it
Saronic in MOU with Taiwan's NCIST defense R&D insttute Austin, Texas-headquartered autonomous vessel pioneer Saronic Technologies reports that it has entered into a Memorandum of Understanding (MOU) with Taiwan's National Chung-Shan Institute of Science and Technology (NCSIST) to explore collaboration on
Sea-Intelligence: March 2026 Global Schedule Reliability Joint-Highest for the Year Sea-Intelligence has published issue 176 of the Global Liner Performance (GLP) report , with schedule reliability figures up to and including March 2026. In March 2026, global industry schedule reliability increased by 3.9 percentage points M/M to 62.2%, making this the joint-highest figure for 2026. On a Y/Y level, schedule reliability was higher by 5.2 percentage points. With improving schedule
CSP Iberian Bilbao Terminal adds new STS crane to boost capacity CSP Iberian Bilbao Terminal has taken delivery of a new Super Post-Panamax ship-to-shore (STS) crane. The investment increases capacity at the Port of Bilbao and improves operational efficiency. The crane is the largest of its kind in the Atlantic Arc. It will enter service in June 2026. It features advanced and energy-efficient technology for safer and more precise operations. The crane can lift
Port of Lázaro Cárdenas showcases investment pipeline The Lázaro Cárdenas Port Community presented a portfolio of major expansion and modernisation investments totalling more than US$ 734 million at its 14th Business Meeting, reinforcing the port's position as a strategic logistics platform with world-class infrastructure and significant capacity for further growth. The largest single investment is Hutchison Ports' Specialized Container Terminal I,
When pirates and warships become indistinguishable The Hormuz crisis has collapsed the boundary between criminal piracy and state-sponsored coercion and the Indian Ocean is paying the price across multiple theatres simultaneously
ABS grants approval in principle for offshore rocket recovery platform design ABS has granted Approval in Principle (AiP) for a new offshore rocket recovery platform. The design was developed by Innovative Space Carrier (ISC), Mitsui O.S.K. Lines (MOL) and TSUNEISHI SOLUTIONS TOKYOBAY (T-SOL). The approval covers an unmanned, autonomous barge. It also includes the full recovery system, with a support vessel and a land-based control station. The platform will support the re
Port Houston surpasses one million TEUs in first quarter Port Houston handled 1,087,870 TEUs in the first quarter of 2026, surpassing the one million TEU threshold and representing a 2% increase over the same period in 2025, which was itself a record-breaking year. Total tonnage across the port's public facilities rose 5% to 13,897,479 short tons. March container throughput reached 391,037 TEUs, up 1 percent year-on-year. Loaded imports grew 7% for the
MSC enhances Asia-North Europe network with Albatros and Britannia updates MSC has announced enhancements to its Asia-North Europe network, strengthening connectivity, transit times and port coverage through updates to its Albatros and Britannia services. The revised rotations are being implemented from late April 2026, as part of the carrier's ongoing effort to improve direct port-to-port connections across the trade. The Albatros service will be updated starting with
CMA CGM sets new FAK rates from Asia to North Europe CMA CGM has announced updated Freight All Kinds (FAK) rates for shipments from Asia to North Europe, effective from May 15, 2026, until further notice. Under the new pricing structure, rates are set at USD 1,950 for 20-foot containers and USD 3,500 for 40-foot, high cube and reefer containers. The rates apply on a base port-to-base port basis, with out-ports subject to additional charges. The rev
How the Hormuz crisis became the world's crisis Eight weeks of near-zero transits, collapsed diplomacy, and a six-month mine-clearance horizon have turned a Middle East conflict into a systemic shock one falling hardest on the economies of Asia
MSC Euribia completes first Suez Canal transit as cruise traffic resumes The Suez Canal has welcomed one of the world's largest cruise ships, MSC Euribia, marking its first transit through the waterway as part of a broader return of passenger vessels to the route. The LNG-powered cruise ship, operated by MSC, joined the southern convoy after sailing through the Bab el-Mandeb Strait. The vessel is en route from the United Arab Emirates to Malta, having changed course t
Maersk updates fuel surcharge mechanism in Spain amid rising costs Maersk has announced an update to its fuel surcharge structure in Spain in response to rising fuel costs linked to ongoing developments in the Middle East. The company said the adjustment is an exceptional and temporary measure aimed at covering increased operational expenses. Under the new approach, the fuel surcharge will be reviewed on a weekly basis instead of the previous monthly cycle. The
APM Terminals and Hateco Group agreed on terminal in Da Nang APM Terminals and Hateco Group have signed an agreement with Da Nang City to develop, build and operate the Lien Chieu Container Port in Da Nang, Vietnam, representing an estimated investment of over US$ 1.7 billion. The groundbreaking ceremony was attended by Maersk CEO Vincent Clerc, marking the formal commencement of a project that will position Da Nang as central Vietnam's primary deep-sea co
Iran proposes reopening Strait of Hormuz in exchange for end to U.S. blockade Iran has reportedly submitted a new proposal to the United States through Pakistani mediators, offering to restore freedom of navigation in the Strait of Hormuz and agree to a permanent ceasefire. In exchange, the proposal requires the U.S. to lift its naval blockade, which has been in place since April 13. The offer, first reported by Axios and the Associated Press, notably seeks to decouple the
Maersk updates emergency contingency surcharge for India-Latin America trade Maersk has announced changes to its Emergency Contingency Surcharge (ECS) for shipments from the Indian Subcontinent to the West Coast of Latin America under the B1S trade. The revised surcharges will apply to cargo moving from North West India and Pakistan, as well as South and East India, to destinations across the West Coast of South America, the Caribbean and Central America. The new rates wi
ANL issues Auckland receival schedule for SCION MAFALDA 609N call ANL has issued operational details for the upcoming call of the SCION MAFALDA 609N vessel at the Port of Auckland, outlining key deadlines and cargo receival procedures for customers. The vessel is scheduled to arrive in Auckland on April 30, 2026, at 08:00, with departure set for May 2 at 15:30. The load list submission deadline is April 29 at 15:00, with the carrier warning that unassigned book
Readers Speak: Strait of Hormuz seen as functionally closed Uncertainty and restriction dominate industry sentiment Conflicting signals around the Strait of Hormuz continue to shape industry perception. In the latest Readers Speak poll, participants were asked how carriers should interpret the current status of the strategic waterway. The results point to a clear conclusion: most readers view the Strait as effectively closed or too uncertain for normal op
Fujian Highton ramps up MPP push with fresh newbuilds Chinese owner Fujian Highton Development is stepping up its move into the multipurpose and heavylift segment, placing fresh orders for four vessels as it works towards building a 100-ship fleet. The Shanghai-listed company said its wholly owned subsidiary has signed contracts with Taizhou Kouan Shipbuilding for four 62,000 dwt MPP newbuilds, with a total investment ...
Seatrium avoids prosecution in Brazilian corruption case with $110m settlement Singapore-listed offshore and marine group Seatrium has avoided criminal prosecution after the High Court approved a deferred prosecution agreement (DPA) tied to Brazil's long-running Operation Car Wash corruption probe. The agreement, signed with Singapore's Public Prosecutor in July 2025, was formally approved this month with no changes to its terms. Under the deal, Seatrium will ...
DDW Offshore sells anchor handler for $23m Norway's DDW Offshore, a subsidiary of Akastor, has sold one of its anchor handling tug supply (AHTS) vessels to an undisclosed buyer. The company said that it entered into a binding agreement to sell the 2011-built Skandi Emerald anchor handler for a purchase price of $23m. According to an Oslo Bors filing, the agreement is ...
FuelEU Maritime calculation error exposes operators to millions in unintended penalties A flaw in the ice-class calculation methodology used under FuelEU Maritime has left compliant shipping operators facing potential penalties running into tens of millions of euros - through no fault of their own. The error, which was embedded in the European Maritime Safety Agency's (EMSA) Thetis compliance system and widely adopted by third-party verifiers, affected ...
Piracy resurges in Somali waters amid wider regional shipping crisis Somali piracy is back in the spotlight after four attacks in as many days, including two vessel hijackings, prompting authorities to raise the threat level for the region and warn commercial shipping to exercise extreme caution. The United Kingdom Maritime Trade Operations (UKMTO) reported yesterday that a cargo ship located six nautical miles northeast of ...
Container shipping's 'long covid' reshapes capacity Container shipping appears to be suffering from long covid. New data from Danish consultancy Sea-Intelligence shows that the continuing lack of vessel reliability has created a new baseline for vessel capacity absorption, at a level two to three times higher than the pre-pandemic normality. Capacity absorption due to low reliability during the pandemic at the ...
Trapped and forgotten: seafarers endure mounting toll in Gulf stand-off Twenty thousand seafarers aboard 1,600 vessels remain stranded in the Persian Gulf, and the men and women keeping global trade moving say the world has forgotten them. IMO Secretary General Arsenio Dominguez has given voice to their despair. "I spoke to a seafarer who had been trapped in the Persian Gulf for more than six ...
Qatar LNG faces long road back after unprecedented disruption Qatar's LNG export machine has suffered its most severe disruption in more than two decades, with analysts warning that while flows could partially recover within months, a full return to pre-war levels may take years. Data compiled by tanker and gas analyst Nikolas Zannikos at AXSMarine shows just how sharp the drop has been. After ...
Enesel pivots back to bulk with capesize newbuilds in China Greek owner Enesel Group has returned to the dry bulk market, with two capesize vessels at China's Hengli Shipbuilding. The move on the 181,500 dwt newbuilds marks a re-entry into the segment for the Lemos family-controlled company, led by Andonis and Filippos Lemos, after stepping back from bulk shipping in recent years. The units are ...
China Merchants Energy keeps ordering spree rolling with fresh boxship series China Merchants Energy Shipping (CMES) is stepping up its containership push with plans to order eight newbuildings worth more than $550m, as the state-backed owner continues to reshape its fleet across multiple segments. The company said it will invest up to CNY3.8bn ($557m) in four 8,200 teu methanol-ready containerships and four 1,800 teu vessels. The ...
Genco and Diana lock horns over meeting timing as takeover battle heats up A bitter boardroom battle between Genco Shipping & Trading and Diana Shipping has escalated further, with both sides trading accusations over governance, timing and control of the US-listed bulker owner. The latest flashpoint came after Genco filed its preliminary proxy statement for its 2026 annual general meeting, urging shareholders to back its existing board. The ...
Towage giant Boluda snaps up Seatrium assets in Singapore European towage heavyweight Boluda has moved to strengthen its position in Southeast Asia, taking over tug assets and towage operations from Singapore's Seatrium Group in one of the world's busiest port hubs. The deal hands Boluda control of Seatrium's harbour tug fleet and associated towage services supporting its shipyard activities, marking another step in the ...
IMO must be 'realistic' on GHG pricing, says Dominguez IMO secretary-general Arsenio Dominguez told reporters that the IMO is still working towards its 2023 GHG Strategy goals, but hinted...
Hormuz transits collapsed last week after brief reopening Traffic through the Strait of Hormuz more than halved last week after Iran reinstated restrictions and tensions escalated into vessel...
Containership charter market slows amid vessel shortage while rates stay firm Major carriers are increasingly chartering lower-specification ships typically used in Chinese domestic trades
What keeps shipping awake at night? LIVE from Singapore Lloyd's List editor-in-chief Richard Meade brings you highlights from our Singapore Outlook Forum
The week in newbuildings: Boxship sector dominates activity Orders for two bulk carriers, two gas carriers, 16 tankers and 22 containerships were disclosed in the past week
The Week in Charts: Global container lines have over 40 boxships still marooned by Hormuz fallout | Indonesia walks back proposal of Malacca Strait toll Lloyd's List's weekly showing of the data and figures behind our news, analysis and markets coverage
Brussels orders IMO delegates to defend the Net-Zero Framework Brussels has directed EU 27 diplomats to defend the IMO Net-Zero Framework at this week's MEPC84 talks. The question is...
Middle East port update: Monday, April 27 In Oman, Qalhat LNG terminal, Sur and Mina al Fahal, Muscat: ISPS Level 2. All other ports: ISPS Level 1
The Daily View: There are blockades and there are blockades
Hengli Petrochemical's shares plunge on US sanctions despite denial of trade with Iran The US sanction of Hengli has deepened shipping's compliance dilemma, as complicated geopolitical tensions continue to fracture global trade
Daily Briefing Marine insurance will survive the Hormuz crisis - some marine insurers may not | Hormuz crisis could splinter shipping's green...
STG clears final obstacle to exit bankruptcy as lender dispute ends STG's deal with a group of lenders who filed a lawsuit in New York last year clears the way for it to emerge from bankruptcy as the company has benefited from the rebound in intermodal demand.
Knight-Swift making safety-related cuts to brokerage fleet The truckload provider slashed its logistics division's third-party carrier pool by 30% in the first quarter amid growing attention to truck safety nationwide and a federal crackdown on truck driver licensing.
Oil supply worries, economic uncertainty cloud outlook for breakbulk sector The near-term view for the industry is heavily dependent on how quickly the war in the Middle East is resolved, experts said at the Journal of Commerce's Breakbulk and Project Cargo Conference 2026.
Revised empty box fee at NY-NJ misses mark on accountability: analyst A penalty only works when it reaches the decision-maker with enough force to change the decision; the one coming into effect at the port on May 1 does not, writes Paul Tonsager.
Don't expect too much out of the IMO this week Lobbying will be difficult when positions are too far apart
Sascha Meijer to lead Nautilus union as Mark Dickinson steps down after 17 years New general secretary says she will focus on work-life balance to attract more entrants to the sector
Hanwha Ocean sees sustained newbuilding demand despite Middle East crisis Company's energy plant division eyes orders for floating LNG infrastructure
Christian Steimler takes Norwegian Shipbrokers' Association presidency He had served as chairman for three years and vice president for two
Can European shipping remain competitive as emissions compliance costs rise? Assessment of overlapping rules shows costs will rise, the question is when, argues Norwegian technology hub, Maritime CleanTech
Resale tanker pair attracts 'incredible' offers in sizzling suezmax market Greek owners bidding high for contracts cancelled by Samsung Heavy Industries
Scorpio Tankers seals new $50m loan for product tankers on five-year charters Bank of America comes up with the cash for 2015-built ships
Adnoc L&S on the hunt for raft of bulk carrier tonnage Expansionist-minded owner seeking ultramax, supramax and handysize vessels
Borealis Maritime shifts into car carriers backed by $100m plus offshore purse Asset manager has invested in a new area following the profitable sale of two anchor handlers
Hong Kong port decline deepens as operator weighs alliance rethink HPH Trust flags Hong Kong cargo pressure as Shenzhen expansion gathers pace
Darrell Crate's MLEP lines up profitable sale of tanker bought four years ago US owner said to be offloading 2009-built vessel for $19m
Tzortzis family wrests control of Athens-listed Y/Knot Invest after rights offer Fledgling operator plans to invest proceeds in ship acquisitions
Top Ships signs $50m share sale deal with LA investor to fund new and secondhand buys Stock can be sold over the next three years to investment adviser B Riley
Investment firm bets on bulkers while cutting tanker and container exposure CEO sees 'good value' in selected dry bulk, offshore and container projects,
Net-Zero campaigners call on UN shipping regulator to defy Trump Member states gather for new talks on stalled programme aimed to secure net zero emission shipping by 2050
Greek tanker delivers first US crude to Japan as Hormuz closure reshapes shipping map Voyage of NGM Energy suezmax shows how war has changed the energy freight markets
Records to tumble: Expectations running high for VLCC owners as earnings season looms Clarksons' Oman Nokta tees up what should be a spectacular set of first quarter results
Ship hijacked by pirates off coast of Somalia The latest development comes as incidents of piracy off the East African country pile up
Shipping Corp of India tenders for methanol dual-fuel-ready container ships New business aimed at domestic yards as subcontinent moves to boost its shipbuilding sector
VLCC and product tanker push through Strait of Hormuz and Trump's blockade into the Gulf Crossings still muted as twin restrictions continue
Shipowners in the frame as Europe cracks down on sales into Russian shadow fleet Bloc ends national opt-out for Russian tanker sales and demands more checks from sellers
Heidmar warned by Nasdaq as share price drops below $1 minimum level Manager and pools player said it will boost the stock by the October deadline
First stage of EU ban on Russian LNG kicks in amid global disruption Embargo on spot and near-term supply begins as IEA warns of tight market for LNG up to 2028
China Merchants boosts boxship footprint with order for eight vessels The latest order will be shipping major's second of the year
Tsakos Energy Navigation finances nine new shuttle tankers in $1.1bn deal Samsung vessels are due from September under charter to Petrobras
'Hazy and binary': DNB keeps tanker stocks at hold on back of prolonged Hormuz closure risk Analyst lifts share target prices of DHT, Frontline, Hafnia and Scorpio
Banker and former analyst Fotis Giannakoulis joins Pyxis Tankers Seasoned New York executive taking the financial reins at Nasdaq-listed tanker and bulker owner
Tanker orders power newbuilding surge despite quarterly slowdown Geopolitics and rates drive tanker boom as China tightens grip on shipbuilding
Fednav bulker that grounded in St Lawrence River set to be recycled in Canada Handysize bulker deemed unworthy of repair after spending four days aground in August 2025
Muted bidding sees Bourbon-controlled vessel sold at steep discount as auction delays drag on Two bidders compete for Bourbon Jindamanee as Bourbon Tong Kam auction pushed back to mid-May
Seatrium avoids prosecution with $110m corruption settlement First such agreement approved by Singapore court that involves corporate entity
Estonia targets Singapore to scale niche maritime solutions Baltic state eyes Asia expansion through digital, green and retrofit capabilities
Geopolitics and strategy dominate debate at TradeWinds Shipowners Forum in Singapore Volatility is reshaping not just how shipping decisions are made, but how they are understood
First look: TFI's LTL group struggled, Truckload shows improvement Although several year-on-year operating comparisons for TFI International (NYSE: TFII) were negative compared to the first quarter a year ago, the company in its prepared statement released in conjunction with the earnings was upbeat. The bottom line numbers were positive for TFI in one sense. According to SeekingAlpha, the company's non-GAAP earnings per share of 69 cents per share beat consensu
St. Christopher Truckers Relief Fund raises over $10k at MATS 2026 The St. Christopher Truckers Relief Fund (SCF) raised over $10,000 to support over-the-road drivers during the 2026 Mid-America Trucking Show (MATS) held March 26-28. According to a recent SCF news release, the five-figure funds were generated primarily through the organization's annual silent auction and direct booth donations. Professional driver Steve Jones also gave his 50/50 raffle winnings
Source: UP-BNSF short line recommended for LA port rail contract Alameda Belt Line, jointly owned by Union Pacific (NYSE: UNP ) and BNSF (NYSE: BRK-B ), will negotiate for the rights to provide switching services to the Port of Los Angeles-Long Beach, a source told FreightWaves. The Alameda Belt Line operates no locomotives, but does provide dispatching services on the Alameda Corridor connecting the ports to the national rail network. It had been listed as a
Australia Post inaugurates large air parcel hub at Brisbane Airport Australia Post last week opened its largest air express hub at Brisbane Airport, equipped with automated sorting systems, to speed up parcel delivery in the state of Queensland and announced plans to build a multimillion dollar parcel facility in Tasmania. The 840,000-square foot Brisbane transfer terminal, with direct tarmac access to aircraft and expanded capacity, can process up to 250,000 par
Trump ties tariff relief to US steel shift The Trump administration is offering Canadian and Mexican steel and aluminum producers relief from steep 50% tariffs-if they commit to shifting production capacity into the U.S., a move that is already drawing backlash across North America and reshaping cross-border supply chains. A notice published by the U.S. Department of Commerce on Thursday formalizes a process allowing companies operating i
Chinese airline Air Central wins US approval for cargo flights Air Central (China) has received permission from the U.S. Department of Transportation to launch scheduled all-cargo service to the United States in July, part of the carrier's campaign to branch out from its domestic roots into more international markets. U.S. authorities last week granted China Central Longhao Airlines Co, temporary economic authority to provide commercial service in the United
The Iran conflict sent Asia-US shipping rates soaring thousands of miles away. Here's why Spot rates on the benchmark trans-Pacific ocean shipping trade have increased by double-digits in just the past month, as the conflict in the Middle East drives downstream effects to the other side of the globe. "On U.S.-bound trades from the Far East, freight rates are still elevated from one month ago as disruption in the Middle East continues to have a cascading effect through Southeast Asian
STG Logistics nears bankruptcy exit STG Logistics announced Monday that it has reached a settlement with minority lenders and plans to soon exit bankruptcy protection. The intermodal marketing company said its recapitalization plan gives Fortress Investment Group and Invesco, among others, majority ownership in exchange for a $1-billion debt reduction (over 90% of outstanding debt) and up to $150 million in fresh capital. The plan
China's YunExpress to handle e-commerce cargo at East Midlands Airport YunExpress, a Chinese logistics company specializing in cross-border e-commerce trade, has opened a 75,300-square foot terminal at East Midlands Airport in the United Kingdom, becoming the first Chinese-based company to handle its own cargo at the airport. Cargo processing will commence on Thursday when a Central Airlines flight arrives with Chinese exports, according to an announcement by the ai
Railcar lessor VP elected to freight infrastructure coalition board Membership of the Coalition for America's Gateways and Trade Corridors (CAGTC) re-elected four to its board and added a new member from the rail industry. CAGTC membership voted to add Wes Lujan, vice president, Government & Industry Affairs for railcar and locomotive lessor GATX Corp. (NYSE: GATX), to the board of directors for a three-year term. Wes Lujan "I'm honored to join the CAGTC Board a
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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